Issues in Structural Adjustment of the Indian Economy

  • Mihir Rakshit
Part of the International Economic Association Series book series (IEA)


After a gap of three and a half decades the economic policy pursued in India has once again been receiving worldwide attention and accolades, but this time, for moving away from a planned to a market economy. This chapter traces the reasons behind this policy reversal, and examines critically the alternative ways of tackling the major problems faced by the country.


Real Exchange Rate Money Supply Indian Economy Structural Adjustment Fiscal Deficit 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© International Economic Association 1994

Authors and Affiliations

  • Mihir Rakshit
    • 1
  1. 1.Indian Statistical InstituteCalcuttaIndia

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